RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of October 12, 2023 No. 350

About change of the resolution of Board of National Bank of the Republic of Belarus of September 28, 2006 No. 138

Based on Article part four paragraph two 34, the Board of National Bank of the Republic of Belarus DECIDES: parts one of article 39 of the Bank code of the Republic of Belarus

1. Bring in the resolution of Board of National Bank of the Republic of Belarus of September 28, 2006 No. 138 "About approval of the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance" the following changes:

exclude Item 2-2;

in the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance approved by this resolution:

from part one of Item 6 of the word", but no later than the last working day of month under report" to exclude;

state Item 38 in the following edition:

"38. Proceeding from all set of the factors taken into account in case of classification of the assets subject to credit risk, the debt on the decision of authorized body of bank can be classified as the asset subject to credit risk, with sign of financial instability or the negative information about capability of the debtor to fulfill the obligations to bank in cases when the corresponding factor of increase in credit risk does not contain in the list of signs of financial instability and the negative information about capability of the debtor to fulfill the obligations to bank, established by Items 19, 20 both part five of Item 21 of this Instruction and local legal acts of bank.

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